No candidate has the number of votes needed to guarantee victory
(50%), so the last-place candidate (Pete Buttigieg) is eliminated. Ballots for that candidate are counted toward their next highest ranking.

At this point, the number of remaining candidates equals the number of remaining seats, so the remaining candidates are declared elected.In the end, 100%
of all cast ballots counted toward a winner.
This compares to 50%
if only the first-round votes were used.

Also, view the
Ballot Depth info to see how much lower rankings contributed to the tally.